"We are committed to doing our part to provide aid and assistance to the thousands of Houston-area residents that are desperately in need right now," Crane said in a statement released by the team. "We encourage others in our region and beyond to help out in any way that they can."

Crane is also the chairman and CEO of Crane Worldwide, which has partnered with The Ballpark of the Palm Beaches in West Palm Beach, Fla., to also help support the victims of Hurricane Harvey in Houston.

Crane's large contribution comes after MLB and the MLBPA will jointly donate $1 million to various relief efforts for the damage throughout the state of Texas created by Hurricane Harvey, including to the American Red Cross.

The Astros' upcoming home series against the Rangers has been moved to Tropicana Field in St. Petersburg, Fla., the home of the Rays. The Rangers are also donating all proceeds from their 50/50 raffle next weekend to the American Red Cross.

Several athletes, teams and other sports figures have donated money and material to assist hurricane victims since Harvey made landfall last Friday, resulting in catastrophic flooding in south Texas.